Will Paloma Valencia & Iván Cepeda Castro advance to the second round of the 2026 Colombian presidential election?
Probability
22¢
1h
+1.5pp
24h
-0.5pp
24h Vol
$442.88
Liquidity
$10.3K
Canonical status
confidence: highSource status (Polymarket)
Derived status (Orrery)
Reason
Active market, expiry beyond the near-expiry window.
Resolution & Risk
LOW risk- End date
- May 31, 2026
- UMA status
- n/a
- Resolution source
- Primaryconsensus of credible reportingTypeNews consensusConfidenceextracted · medium
- Market type
- Multi-outcome (neg-risk)
- Part of a multi-outcome event (neg-risk): only one market can resolve YES.
- Wide spread (14.0¢) — liquidity risk on entry/exit.
Probability (last 7 days)
+0.0pp 7dWhy did it move?
Structured · 2 factors- 01Active signal
Resolution-risk observation firing
Spread is wide enough that intraday moves overstate any tradeable edge.
- 02Spread cost
Wide spread — 14.0¢
Bid-ask spread is wide enough that intraday moves overstate any tradeable advantage. Most of the headline pp move would be eaten by spread on a market order.
What to track next
- Verify the resolution source on this page — exchange feed, official release, news consensus — before treating any move as new information.
Verification actions only — never trade recommendations.
Each factor is grounded in a single named metric you can verify on this page — probability, volume, liquidity, signal, resolution state. No predictions, no prose hallucinations.
Resolution & Risk
LOW risk- End date
- May 31, 2026
- UMA status
- n/a
- Resolution source
- Primaryconsensus of credible reportingTypeNews consensusConfidenceextracted · medium
- Market type
- Multi-outcome (neg-risk)
- Part of a multi-outcome event (neg-risk): only one market can resolve YES.
- Wide spread (14.0¢) — liquidity risk on entry/exit.
Timeline
critical · price · trade flowCritical
- May 31, 00:00 UTCScheduled resolutionLOW
Market resolves in 356.4h
- 03:37SignalLOW
Resolution risk
Spread is wide enough that intraday moves overstate any tradeable edge.
Price movement
-0.5pp over the last 24h, now 22¢.
Active signals
Recent Trades
No recent trades visible from the Data API for this market. That usually means liquidity is thin or this market is between event windows.
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Market Description
Colombia's presidential election first round is scheduled for May 31, 2026, with two candidates advancing to a second round on June 21, 2026 if no candidate secures more than 50% of the valid votes in the first round. This market will resolve according to the listed pair of candidates that advance to the second round of the 2026 Colombian presidential election. If any candidate wins this election outright in the first round, this market will resolve to “1st Round Outright Winner”. If any candidate pair other than the listed pairs advances to the second round of the 2026 Colombian presidential election, this market will resolve to “Other”. If the results of the first round of the Colombian presidential election are not known by December 31, 2026, 11:59 PM ET, this market will resolve to "Other". This market will resolve based on the election results, as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by Colombia's National Civil Registry (Registraduría Nacional del Estado Civil) (https://registraduria.gov.co).
Why this category?
confidence: highCategory
Source
Matched term
presidential electionReason
Election markets must always classify as Politics, never as Sports — Roadmap §3 invariant 2.
Categories come from a deterministic engine: manual overrides (highest priority) → sports hard markers → event-tag rules → keyword rules → Gamma category hint → default. The engine is versioned in category-overrides.ts; methodology lives at /methodology.
FAQ — questions readers actually ask
What is the current Polymarket probability for "Will Paloma Valencia & Iván Cepeda Castro advance to the second round of the 2026 Colombian presidential election?"?
As of Sat, 16 May 2026 03:37:34 GMT, YES is priced at 22% implied probability on Polymarket. The price changed -0.5pp in the last 24 hours, +1.5pp in the last hour, and +0.0pp in the last 7 days.
When does this market resolve?
This market resolves by May 31, 2026 (2026-05-31T00:00:00.000Z). Resolution is determined from the market description on Polymarket.
What source determines the outcome?
Resolution is sourced from the market description on Polymarket. Polymarket's UMA optimistic oracle is the final settlement layer; if the published source is ambiguous, UMA tokenholders adjudicate. Source-extraction confidence is shown in the Resolution & Risk block above.
How much is being traded on this market?
$442.88 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $462.88. Open liquidity in the YES/NO orderbooks: $10.3K. Spread between best bid and best ask: 14.0¢.
Is this a trade recommendation?
No. Orrery describes — never predicts. Every signal on this market carries explicit Evidence, Backtest, and Action tiers. The Action is always one of: Watch only, Inspect timeline, Create alert, Verify source, or Ignore — never Buy or Sell. The probability above is the market's collective implied probability, not a forecast Orrery is publishing.
How fresh is this data and where does it come from?
This page revalidates from the public Polymarket APIs every 30 seconds. Probability and 24h-change come from Gamma; the chart series comes from the CLOB orderbook history; trade and holder data come from the Data API. The fetched-at timestamp on each block tells you exactly how old the underlying upstream pull was.
Alerts
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